Highly Profitable Seafood Shop in Sydney North Shore

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Sydney North Shore 2000 Sydney, New South Wales, Australia

2 183
$429,000
nsw10203
2 months ago

Highlights

  •  Highly Profitable Seafood Shop in Sydney North Shore
  •  Long-established seafood shop
  •  Operated together by manager and owner
  •  Selling only fresh seafood

Overview

Long-established seafood shop, first in the market, has experienced strong growth in the last two years, selling only fresh seafood; however, adding cooked seafood to current offerings will increase sales and gross margins even further.

Deal details

About

Key features of this investment opportunity

  • Average current weekly turnover: $42,000 - $45,000 per week
  • Shopping center environments, great foot traffic
  • Lease up to Dec 2023 plus 5-year options
  • Weekly net profit approximately $3,000 - $4,000 per week
  • Operated together by manager and owner
  • Business operates 7 days a week, Mondays - Saturdays 8am-6pm, Sundays 8am-5pm

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Disclaimer:

Images used may be stock images and not representative of the listing. Any reference to earnings, EBIT or EBITDA, may include add backs relevant to the current owners. Investing in a business, private company, or fund carries a high level of risk. This information is not intended to provide tax, legal, or investment advice, nor is it a solicitation or offer to purchase or sell any securities or other financial instruments. We provide free tools and resources to assist users in performing due diligence and strongly encourage them to conduct their own independent due diligence prior to investing in a business, securities, or financial instruments. A purchaser must be willing to accept the loss of their investment and is encouraged to obtain additional information, opinions, financial projections, and legal or other investment advice prior to investing or purchasing.

Business Location City of Sydney, New South Wales, Australia

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